By Clint Siegner – Re-Blogged From https://www.moneymetals.com
It just doesn’t matter much whether Hillary Clinton or Donald Trump wins the election, at least in terms of gold and silver market fundamentals. That said, the contest itself is signaling something important precious metals investors should be watching intently.
This campaign is dragging whatever prestige is still associated with the Office of President into the mud. Few voters on either side bother to spend much time arguing the greatness of their candidate. When both Trump and Clinton carry more baggage than American Airlines, it’s easier to focus on their opponent’s shortcomings.
The victor in this epically polarized contest will garner only tepid support from a minority of Americans. He or she will be despised by most everyone else.
Washington DC is having a very bad decade. This year’s election is just part of a larger pattern that has big ramifications for the dollar and therefore precious metals; the devolution of confidence in our federal institutions.